As we’ve mentioned before, the service will permit iPhone, iPad and Apple Watch owners to request and receive payments through iMessage or by asking Siri to send money to friends and family. The funds will be loaded to a virtual Apple Pay Cash card found in the Wallet app.

You’ll be able to use the Apple Pay Cash card as a payment method anywhere Apple Pay is accepted or withdraw the funds to your bank account. Evidence of Apple Pay Cash has not been unearthed from the first beta of iOS 11.1, which was seeded to developers last week.